BOE Orders Review of Risk to Banks From Interest Rates

The Financial Stability Board, led by Bank of England Governor Mark Carney, said that his central bank may need to boost the number of regulators focusing on small lenders.

Spain Has EU’s Largest Deficit, Undermining Rajoy Pickup

Spain’s budget deficit was the largest in the European Union last year, underlining the challenge faced by Prime Minister Mariano Rajoy as he prepares a new plan to foster an economic recovery.

Draghi dismisses talk of currency war, but watching euro

BRUSSELS (Reuters) - European Central Bank President Mario Draghi sought to take the heat out of a debate about currency wars on Monday but said the ECB would still have to assess the economic impact of the euro's strength.

Swiss Bank Chief Vows Not to Resign Over Currency Trades

FRANKFURT — Philipp M. Hildebrand, head of the Swiss central bank, said Thursday that he regretted currency trades that have threatened his international reputation as an advocate for tougher bank regulation, but he maintained that he had violated no laws or regulations and would not resign.